6 Best Ways to Make Money With Your Car
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Updated 31/10/2022.
Do you have a good and reliable car? You could consider making money with your car by finding different easy ways to make extra money. Those can consider as passive income ideas or as side hustles you make money in your free time.
There are many ways you can earn money with your car, which can sufficiently cover part of your living expenses and other costs. In particular, you can rent out your car to others if you don’t often use the vehicle. Instead of not using it, it can generate a side hustle income of up to several hundred dollars each month.
Here is the list of the 6 best ways to make money with your car, which you could consider the best alternative way to make money as a side hustle.
1. Become a delivery driver
2. Participate in paid Surveys during the waiting time
3. Consider Renting out your car
4. Get paid to wrap your car
5. Consider becoming a Rideshare Driver
6. Take people move around
6 Best side hustles to make money with your car
Table of Contents
The following are several easy ways to make money that you can implement to increase your revenue. Depending on personal needs, you may select one of the side hustles on the list that are following below.
1. Become a delivery driver
One of the best ways to make money with your car is to become a delivery driver because it allows you to make money whenever you are free to take the car on the road. As a result, the delivery company will pay for every trip that you complete.
In addition, the great thing about this job is you have the highest autonomy to work on your own and are entitled to design your work schedule. It’s a particular fit for students who may select this side gig as a part-time role to make money while studying at university.
In terms of requirements, you should have your car as a first priority. But, some countries or cities may have different rules and regulations regarding insurance, the legal age for driving, and other legal documents. For this reason, you should further contact the delivery company to figure out what other requirements they are.
The following reputable delivery companies that you may choose to make money as a side hustle.
- Sign up with DoorDash
- Uber eat
- Menulog
Related: DoorDash Review: How to Make Extra Money With DoorDash
2. Participate in paid surveys
Taking online surveys is another great way to earn money with your car, it’s because it provides an opportunity how to make money fast by participating in paid surveys while waiting in the car.
There are several forms of real money-earning games, in which you only need 10-40 minutes to complete each online task. These include taking online surveys, getting paid to read emails, and shopping online, just to name a few.
The two popular forms of rewards that members may consider to make money online, are cashback rewards and gift cards. In case, you select the cashback rewards as an option, then you need to have a PayPal account to withdraw the money.
In addition, you will need to complete the sign-up process, in which you only require to have an email address and PayPal account ( most survey companies require just two simple forms, but you may check with the one you are going to take online surveys to find out what their requirements)
Here are a few options you may choose to participate in paid surveys.
3. Consider renting out your car
Renting out your car is one of the great passive income ideas, especially if you don’t use the car regularly. For this reason, you could use this asset for making extra money by renting it out to others, who need the car more than us and they can earn money with the vehicle.
With the revenue generated from the car, you may use it to cover your living expenses such as insurance, gas, and others. It won’t earn you millions of dollars, but at least you could earn money of up to $500 a month with your vehicle.
HyreCar is an online marketplace where you can list your vehicle on the platform to make extra money. The sign-up process is straightforward, you need to fill down the application form, email address, payment method, and insurance, and take pictures of your vehicle. Then you are ready to list your car on the platform.
One thing to keep in mind is that your car will be rented out to those who are going to drive for Uber, Lyft, and other delivery services. The fee is quite transparent as they take a commission between 15-25%, which depends on how much you are willing to pay for the rental protection plan.
There are several reasons you could consider renting out your vehicle, which enable you to create another side hustle revenue.
- You are a remote worker and you only use the car when you are home.
- You have two vehicles at the same time, and don’t use the second one so often.
Those just show you as an example, which shows you to get the most out of your asset. However, it also pretty much depends on your situation that you may consider the best alternative for you and your family.
Related reading: Top 10 Money Earning Apps of 2023
4. Get paid to wrap your car
Another great side hustle is to get paid for car advertising stickers, which means you will earn extra money for wrapping your car. In this case, the local businesses or advertising companies are willing to reward you with money to wrap your car with advertising stickers on your vehicle.
This side hustle idea is only fit for those who are regular drivers as it’s a condition to make money with your car. In particular, the company will pay you for advertising their brand on your car while you travel around. Thus, it boosts increases brand awareness among the general public in exchange you make extra money for this great effort.
Wrapify is an advertising company that enables you to use the platform and find potential clients to make money on your car. The platform will measure your car’s moving distance for a specific purpose of time, then it will do the job by finding suitable advertisers that you can make money with your car.
For further information about Wrapify, you should continue to read on their website to get familiar with the payment, terms, and conditions, as well as the requirements.
Related reading: Best Online Jobs for Students to Earn Money at Home 2023
5. Consider becoming a Rideshare Driver
Depending on your location, the rule and regulations for becoming a rideshare driver may vary due to the requirements of each city. For this reason, you should talk with your rideshare company about the eligibility for further detail.
Like a delivery service job, you are entitled to schedule your working hours, which suits your timetable. In other words, you have the full autonomy to work on your own when it comes to becoming a rideshare driver.
After you complete the signup and get cleared for driving, you need to download the rideshare app and turn on the app to let the rideshare company assign you a customer. Thus, the company will pay you for every trip that you have done.
Typically, the rideshare companies such as Uber, Didi, Lyft, and Ola will pay for the distance you have done with your trip. The longer you drive, the better you will get paid for every trip finished.
As mentioned earlier, depending on your location, there are certain rideshare companies available in your local area, and you must double-check with them and the local transport department to figure out the requirements.
Overall, becoming a rideshare driver is one of the great side hustles to earn you a decent income. It’s particularly suitable for those who want to drive in a part-time or casual role, which helps you to make extra money for yourself and your family.
6. Take people to move around
Last but not least, you may choose the option to take people to the appointment as one of the meaningful ways to make money. It’s particularly great if you help elder people by driving them to the shopping or medical appointment.
In addition, some elder people are not so familiar with advanced technology like using a smartphone to book an Uber trip. For this reason, it will be less stressful for them if they receive the appropriate assistance, which allows them to move around the city safely.
By Jiro Nguyen.
The content is only based on the author’s personal opinion. It is for informational purposes only, and it does not rely on as a comprehensive or a substitute for professional advice.
How to make money fast with your car
Here is the list of proven ways to make money with your car. 1. Become a delivery driver 2. Participate in paid Surveys during the waiting time 3. Consider Renting out your car 4. Get paid to wrap your car 5. Consider becoming a Rideshare Driver 6. Take people to move around
What are passive income ideas to earn money with your car?
The following are passive income ideas, which allow you to make money with your car. 1. Get paid to wrap your car 2. Consider Renting out your car
How to make money with your car as one of the side hustle
You may consider one of the easy ways as side hustles to earn extra money. 1. Become a delivery driver 2. Get paid to wrap your car 3. Consider becoming a Rideshare Driver